Hanesbrands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hanesbrands Inc. (HBI) slipped 1.21% to $7.37 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. Hanesbrands Inc. closed $11.23 short of its 52-week high ($18.60), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Ralph Lauren Corp. Cl A (RL) fell 0.31% to $93.52, PVH Corp. (PVH) rose 0.67% to $52.35, and Gildan Activewear Inc. (GIL.T) remained unchanged. Trading volume (6.7 M) remained 1.4 million below its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 16:58 ET (20:58 GMT)
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